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Financial planning insights and guidance

Good Debt and Bad Debt: How to Avoid Living in the Red

With the inevitability of having to take on some significant debt in your lifetime, it is important that you understand different types of debt and how to effectively manage it. Are some types of debts better than others? Which debt should I pay off...

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Retirement for Singles

Financial advice tends to be geared towards couples. According to Statistics Canada, however, the number of single-income households is at an all-time high with 65% of Canadians over the age of 40 currently single, divorced, or widowed, and expecting...

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Fight Lifestyle Creep with Automation

As you begin to earn more money, it is important to re-evaluate your spending habits. The key is to strike a balance between enjoying the things that matter most in life to you, while also setting yourself up for a secure financial future. This artic...

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Caring for Aging Parents

It is hard to watch your parents get older. Taking an active role caring for someone who used to care for you is a foreign and sometimes uncomfortable feeling. As populations continue to age, it is important for adult children to learn how to handle...

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Considering Retiring Abroad?

With the prospect of retirement on the horizon, you may be starting to think about where in the world you want to retire. Residing abroad – either permanently or temporarily, may appeal to you as an exciting opportunity for a variety of reasons. You...

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A Beginner’s Guide to Small Business and Tax Saving

As a small business owner, you must understand the reality of "every penny counts". Why, then, would you pay more than you need to in taxes to the government? Here are a few easy tax-saving strategies that will allow you to maximize the value of your...

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The World is Still Your Oyster: Late-Life Career Changes

Remember when you were a kid and everyone would always ask that time-old question “what do you want to be when you grow up?” Maybe you wanted to be a rock star, doctor, or an astronaut? The opportunities were endless. The world was your oyster. Well,...

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Simple Ways to Make Your Executor’s Life Easier

Choosing the right executor of your estate is a big decision because of the great amount of time, energy, emotion, and attention to detail that the role demands. This isn’t to say, however, that you can’t pre-emptively organize your business and pers...

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Rags to Riches: Managing a Windfall

At some point in your life you may be the recipient of a financial windfall. This sudden influx of money also tends to be associated with a wide range of emotions. After the windfall, your next steps are pivotal in determining the trajectory of your...

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Spring Cleaning: “What Documents Can I Shred?”

Spring is in full bloom. You know what that means – it’s time for some spring cleaning. So, with document shredding season upon us, what documents can you shred? What should you keep? Here is a quick breakdown....

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